€ 550 000

€ 4 104 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Villa in Geroskípou, Paphos, Cyprus No. 37815

Bedrooms

Bathrooms

134 sq.m.

Square

Parameters

Property Description

For sale: Modern detached villa, off plan, offering 134 m2 of internal space. This stylish home features three spacious bedrooms and two contemporary bathrooms. Designed for comfort and energy efficiency, the villa boasts an “A” rating, central air conditioning, and underfloor heating throughout.

Located in Geroskipou, a sought-after area known for its blend of tradition and modern living. Geroskipou is recognized for its peaceful atmosphere, charming squares, and excellent local amenities including shops, cafes, and restaurants. The area is close to all essential services, providing easy access to schools, supermarkets, and leisure facilities.

This property will be built in 2027, with the option to have it fully furnished upon completion. It is ideal for families or those seeking a quality, energy-efficient villa in a convenient and desirable location.

Contact Purple International Real Estate for more information about this exceptional off-plan opportunity in Geroskipou.